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Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) Market Cap : ¥3,087 Mil (As of May. 04, 2024)


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What is Zhejiang Kingland Pipeline and Technologies Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Zhejiang Kingland Pipeline and Technologies Co's share price for the quarter that ended in Mar. 2024 was ¥6.46. Zhejiang Kingland Pipeline and Technologies Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 521 Mil. Therefore, Zhejiang Kingland Pipeline and Technologies Co's market cap for the quarter that ended in Mar. 2024 was ¥3,363 Mil.

Zhejiang Kingland Pipeline and Technologies Co's quarterly market cap declined from Sep. 2023 (¥3,633 Mil) to Dec. 2023 (¥3,566 Mil) and declined from Dec. 2023 (¥3,566 Mil) to Mar. 2024 (¥3,363 Mil).

Zhejiang Kingland Pipeline and Technologies Co's annual market cap declined from Dec. 2021 (¥4,117 Mil) to Dec. 2022 (¥3,279 Mil) but then increased from Dec. 2022 (¥3,279 Mil) to Dec. 2023 (¥3,566 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Zhejiang Kingland Pipeline and Technologies Co's Enterprise Value for Today is ¥2,373 Mil.


Zhejiang Kingland Pipeline and Technologies Co Market Cap Historical Data

The historical data trend for Zhejiang Kingland Pipeline and Technologies Co's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zhejiang Kingland Pipeline and Technologies Co Market Cap Chart

Zhejiang Kingland Pipeline and Technologies Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,498.00 3,300.20 4,117.44 3,279.38 3,565.67

Zhejiang Kingland Pipeline and Technologies Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,409.51 3,466.77 3,633.34 3,565.67 3,362.66

Competitive Comparison of Zhejiang Kingland Pipeline and Technologies Co's Market Cap

For the Steel subindustry, Zhejiang Kingland Pipeline and Technologies Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zhejiang Kingland Pipeline and Technologies Co's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhejiang Kingland Pipeline and Technologies Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Kingland Pipeline and Technologies Co's Market Cap falls into.



Zhejiang Kingland Pipeline and Technologies Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Zhejiang Kingland Pipeline and Technologies Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=¥6.85*520.536
=¥3,566

Zhejiang Kingland Pipeline and Technologies Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=¥6.46*520.536
=¥3,363

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Zhejiang Kingland Pipeline and Technologies Co  (SZSE:002443) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Zhejiang Kingland Pipeline and Technologies Co Market Cap Related Terms

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Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Taolin Road, Room 703, Block A, Huanqiu Guangchang, Pudong, Shanghai, CHN, 200135
Zhejiang Kingland Pipeline and Technologies Co Ltd is engaged in manufacturing and sales of welded steel pipe products. Its products include SAWL Pipe, HFW Pipe, SAWH Pipe, FBE/2PE/3PE Coated Pipe, and Hot-dip galvanized pipe/Black Pipe.

Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) Headlines

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